Bioventix (LON:BVXP) Shares Pass Above 50-Day Moving Average – Time to Sell?

Bioventix PLC (LON:BVXP)’s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 2,780.04 ($37.33) and traded as high as GBX 2,800 ($37.60). Bioventix shares last traded at GBX 2,795 ($37.53), with a volume of 3,678 shares.

Bioventix Trading Up 5.0%

The company has a market capitalization of £149.76 million, a price-to-earnings ratio of 18.50 and a beta of 0.35. The stock has a 50-day simple moving average of GBX 2,780.04 and a 200-day simple moving average of GBX 2,817.93.

Insider Buying and Selling at Bioventix

In other news, insider Bruce Hiscock acquired 31 shares of Bioventix stock in a transaction dated Monday, April 28th. The stock was bought at an average cost of GBX 2,632 ($35.34) per share, with a total value of £815.92 ($1,095.64). Insiders own 8.02% of the company’s stock.

About Bioventix

Bioventix PLC creates, manufactures, and supplies sheep monoclonal antibodies (SMAs) for diagnostic applications worldwide. The company offers a portfolio of purified SMAs for thyroid, vitamin D, cardiac, drugs of abuse, fertility, oncology, and miscellaneous indications; and Pyrene (HOP-G) ELISA kit to monitor human exposure to industrial pollutants.